By Andualem Sisay Gessesse – Djibouti Sovereign Fund (Fonds Souverain de Djibouti) plans to double the GDP of the East African country within seven years from about $3.7 billion to $7.5 billion. Slim Feriani, CEO of Djibouti Sovereign Fund, told New Business Ethiopia journalist that by co-investing in selected strategic sectors, the Fund envisages to double the GDP of Djibouti after seven years. Mentioning that in the past years the public sector was the economic growth driver of Djibouti; Dr. Slim Feriani, who stated that the Fund will invest 50% in Djibouti and the remaining internationally focusing mainly in the East African region. EDITOR’S NOTE: FOR EXPLANATIONS ON HOW DJIBOUTI SOVERIGHN FUND PLANS TO ACHIVE ITS TARGET, YOU MAY CHECK THE BRIEF INTERVIEW BELOW:

Source: News Business Ethiopia May 21, 2024 00:55 UTC